Strom Martingale Collection: Free MT4 Expert Advisor

Overview

The primary expert advisor uses a grid-based approach with martingale lot scaling to manage positions. It features multiple entry logics, including Bollinger Bands, Exponential Moving Averages, and momentum indicators. The collection also includes tools for Fibonacci-based recovery and a conceptual framework for local trade copying via system DLLs. Risk management is handled through money-based stop losses and take profits, though the reliance on martingale scaling increases account exposure.

Grid and martingale position management

Multiple entry logics including BB and EMA

Time-filtered trading windows

Fibonacci-based retracement recovery

Local trade copier implementation guide

Details

Author

junjun2712 on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Martingale, Grid, Indicator crossover, Mean reversion, Hedging

Markets

Forex

Timeframes

M1-M5, M15-H1

Risk profile

Uses martingale lot scaling: losses can grow fast
Opens a grid of orders: exposure builds up in a trend
Holds opposite positions at once

EA files

Source

github.com/junjun2712/wh

Input parameters

Read from STROM_MARTINGALE_EA.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`SLinMoney`	`double`	`10`	SL in Money
`TPinMoney`	`double`	`10`	TP in Money
`MagicNumber`	`int`	`123`	Magic Number
`TradeOpen`	`trade`	`0`	Logic
`FixedLot`	`double`	`0.01`	Initial lots
`MinGrid`	`double`	`300`	Min.Grid
`GridMulti`	`double`	`1`	Grid Multi
`MartType`	`Mart`	`0`	Martingale logic
`MartMulti`	`double`	`1.486`	Mart Multi
`MartType2`	`Marti`	`0`	Type of Mart Multi
`MaxOpenOrders`	`int`	`8`	Max Matingale Steps
`EnableTimer1`	`bool`	`0`	Use Trade Time 1

Show all 38 inputs

Name	Type	Default	Description
`Timer1Start`	`string`	`04:00`	Time Start 1
`Timer1End`	`string`	`21:30`	Time End 1
`EnableTimer2`	`bool`	`0`	Use Trade Time 2
`Timer2Start`	`string`	`00:00`	Time Start 2
`Timer2End`	`string`	`00:00`	Time End 2
`Direction`	`direct`	`2`	Direction Allowed
`Slippage`	`int`	`3`	Slippage
`Commentary`	`bool`	`1`	Comment on chart
`Box_Background_Color`	`color`	`clrWhiteSmoke`	Box Color
`____________________________3____`	`string`	`============================================================`	__________BBands settings
`Symbol_1_Kod`	`int`	`20`	Period
`Symbol_2_Kod`	`double`	`1.5`	Deviation
`____________________________4____`	`string`	`============================================================`	___________EMA 1 settings
`MA_Period1`	`int`	`8`	Period
`MA_Method1`	`ENUM_MA_METHOD`	`MODE_EMA`	Method
`MA_Price1`	`ENUM_APPLIED_PRICE`	`PRICE_TYPICAL`	Price
`____________________________5____`	`string`	`============================================================`	___________EMA 2 settings
`MA_Period2`	`int`	`11`	Period
`MA_Method2`	`ENUM_MA_METHOD`	`MODE_EMA`	Method
`MA_Price2`	`ENUM_APPLIED_PRICE`	`PRICE_TYPICAL`	Price
`____________________________6____`	`string`	`============================================================`	___________EMA 3 settings
`MA_Period3`	`int`	`14`	Period
`MA_Method3`	`ENUM_MA_METHOD`	`MODE_EMA`	Method
`MA_Price3`	`ENUM_APPLIED_PRICE`	`PRICE_TYPICAL`	Price
`____________________________7____`	`string`	`============================================================`	_100pips Momentum settings
`Period2`	`int`	`15`	Period

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone junjun2712/wh from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

Similar expert advisors

Kiggundug MQ5 Expert Advisor Collection

by Kiggundug1

This repository is a substantial collection of nearly five hundred Expert Advisors for the MetaTrader 5 platform. The library includes various automated strategies such as divergence detection using RSI and MACD, moving average crossovers, and zone recovery systems. It features a mix of trading robots, indicator-based

MT5 Collection Indicator crossoverMean reversionMartingale High risk

Updated 2 years ago None stated GitHub

EA MQL4 Collection

by Yumerain

151

This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz

MT4 Collection Indicator crossoverTrend followingMartingale High risk

Updated 6 years ago None stated GitHub

Mql Projects Collection

by PranavSonar

This repository features a collection of MetaTrader 4 expert advisors, primarily focused on a multi-strategy system named Complete Robot. The main EA utilizes a combination of technical indicators including Moving Averages, MACD, Bollinger Bands, and Stochastic oscillators for market entry. It employs a grid-based appr

MT4 Collection GridMartingaleIndicator crossover High risk

Updated 8 years ago None stated GitHub

MQ4 Master Collection

by hairibaba

This repository provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,

MT4 Collection Trend followingScalpingIndicator crossover High risk Archived

Updated 7 years ago None stated GitHub

Simple Forex Tools Collection

by khamzatMurj

This MetaTrader 4 collection contains various expert advisors, including a primary strategy based on EMA 50/200 crossovers and RSI filtering. The main EA manages entries through trend confirmation and provides risk controls such as stop loss, take profit, and trailing stops. It includes features for breakeven activatio

MT4 Collection Indicator crossoverTrend followingGrid High risk

Updated 10 months ago Custom licence GitHub

Clunique Experts Collection

by clunique

This repository contains a collection of MetaTrader 4 expert advisors, including robots based on RSI, Bollinger Bands, and moving averages. The primary featured expert advisor implements a dual-symbol statistical arbitrage strategy using indicators such as ZigZag and Moving Averages to identify entries. It employs a ma

MT4 Collection ArbitrageMartingaleIndicator crossover High risk

Updated 5 years ago None stated GitHub